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11h ago

Argentina’s Weekend FX Market Features Five Dollar Rates and Divergent Real Prices

The lifting of strict controls in April ushered in a floating band with five parallel dollar valuations underlining persistent market divides.

dolar dólar billetes dolares efectivo moneda estados unidos billete cien dólares currency dollar note notes banknotes foto: S A
El tipo de cambio este día fue afectado por los reportes económicos locales, los cuales muestran señales de de un menor dinamismo en la economía
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Dólar en Córdoba. (Pedro Castillo/La Voz)

Overview

  • Official U.S. dollar closed at 1,325 pesos for buying and 1,375 for selling at Friday’s session before the weekend break.
  • The blue dollar traded at 1,315 pesos to buy and 1,335 to sell in the informal market.
  • Financial dollar instruments ended the week at 1,364.30 pesos for MEP and 1,366.11 for CCL.
  • The Brazilian real quoted 245.86 pesos for buying and 246.44 for selling officially, while the parallel market traded it at 240.75/228.75 pesos.
  • Córdoba’s blue dollar rate stood at 1,319 for purchase and 1,349 for sale in the regional market.